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Xbox's Gaming Empire Grows: The Most Iconic Franchises Under The Gaming Giant, Fans' Wish Lists For Revivals
Monday, October 16, 2023 - 5:46pm | 587Microsoft Corp.'s (NASDAQ: MSFT) Xbox completed its monumental acquisition of Activision Blizzard Inc (NASDAQ: ATVI), securing control of some of the most iconic video game franchises in the industry's history. At the forefront of this acquisition is the widely popular Call of Duty...
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Activision CEO Predicts AI Revolution In Gaming, Dreams About AI-Powered 'Guitar Hero' Reboot
Friday, May 12, 2023 - 3:41pm | 563The CEO of Activision Blizzard Inc. (NASDAQ: ATVI), Bobby Kotick, recently spoke to his staff about his vision for incorporating artificial intelligence (AI) into future video game development. During a company-wide meeting, Kotick expressed his belief that AI will be as transformative for society...
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MKM Analyst Likes Activision, Take-Two & EA After E3
Monday, June 22, 2015 - 2:57pm | 577In a report published Monday, MKM Partners’ Managing Director Eric Handler provides a few takeaways from the E3 (Electronic Entertainment Expo), from which he left feeling incrementally optimistic regarding video games publishers. In parallel with the “continued maturation of the...
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Guitar Hero Won't Make Billions For Activision
Wednesday, May 6, 2015 - 8:24am | 571Activision Blizzard, Inc. (NASDAQ: ATVI) is bringing back "Guitar Hero," a franchise that once earned $2 billion in a single year. The new game, "Guitar Hero Live," is scheduled for release this fall. The game will go head-to-head with a new chapter in the "Rock Band...
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The Resurrection Of Guitar Hero: Here's What It Means For Investors
Wednesday, April 15, 2015 - 2:44pm | 287Activision Blizzard, Inc. (NASDAQ: ATVI) on Tuesday announced a multi-platform launch of a new "Guitar Hero" game, one of its strongest franchises from 2007 to 2010 before falling off sharply and being suspending in 2011. In a report published Wednesday, Brean Capital analyst Todd Mitchell said...
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Former GETCO Technologist Shifts To Video Games, Develops 'BandFuse: Rock Legends'
Friday, January 3, 2014 - 11:30am | 624Few would think that stocks and video games have much in common. One of those industries is the lifeblood of the financial community. The other is dedicated to creating interactive entertainment. But it turns out that similar skills are needed for both industries. Jon Heiner, the game...
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Activision Seeks Independence From Vivendi In $8.17 Billion Buyout
Tuesday, October 1, 2013 - 11:17am | 480Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year....
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First Comes Zynga's I-P-O, Then Zynga's D-E-A-T-H
Monday, August 1, 2011 - 3:43pm | 1165Zynga's current business model is a recipe for disaster. In terms of media attention, Zynga is the can't-lose-game developer. From IPO amendments and new game anticipation to positive side effects and IPO valuations, Zynga is the company everyone is talking about. But while the news typically...
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Tom Freston is Still Waiting for Sumner Redstone's Thank-You Note
Friday, July 1, 2011 - 10:26am | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Will Tom Freston Ever Get a Thank-You from Sumner Redstone?
Thursday, June 30, 2011 - 5:24pm | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Is Social Networking Just a Fad?
Thursday, June 16, 2011 - 10:18am | 1042Facebook just lost six million American users, marking the end of an era for the world's largest online community. Well, not really. But it does beg the question: what does the future hold for social networking? And how can six million people just vanish from Facebook? Statistical Anomalies...
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Four Route 66 Stocks (CME, BUD, DVN, ATVI)
Sunday, May 1, 2011 - 12:04pm | 591It's May, and summer is almost here. Time to think about throwing a packed bag in the car, putting the top down and heading out on the open road, right? But wait: with oil well over $100 a barrel and the price of gasoline creeping toward $5 a gallon in some places, the traditional summertime road...
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Should Activision Buy Take-Two? (ATVI, TTWO)
Tuesday, February 22, 2011 - 3:57pm | 837If you can't beat ‘em…buy ‘em? That's one philosophy the game industry has taken in the past. But if Activision (NASDAQ: ATVI) is indeed looking to buy Take-Two Interactive (NASDAQ: TTWO) – as a report by MCV suggests – you can bet that it has more to do with the decline of Guitar Hero than...
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Viacom To Sell Harmonix: Is This Smart, Stupid, Or Just Plain Crazy?! (VIA)
Thursday, November 11, 2010 - 1:52pm | 526Viacom Inc. (NYSE: VIA) has announced that, in addition to reclassifying the Rock Band creator as a discontinued operation, the company plans to sell Harmonix to another publisher. If you look at the reported UK sales of Rock Band 3, Harmonix's latest creation, you might understand where Viacom –...
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WWDC: Guitar Hero For iPad (AAPL, ATVI)
Monday, June 7, 2010 - 1:35pm | 88Today at Apple's (NASDAQ: AAPL) WWDC a representative from Activision (NASDAQ: ATVI) presented their new Guitar Hero app for the iPad. The game play is similar to the classic Guitar Hero. The title will include big names in classic rock like Queen and the Rolling Stones, as well as new artists like...